I Never Play Any Games of Chance

Ladies, Tomboys, and Gentlemen:

Gold will rise. Why?

Because by 2015, 25% of all tax receipts in the U.S. will go to pay interest on the Federal debt alone. The IMF says that the debt is now reaching 100% of GDP. How unfortunate! This is original research and my internal conclusions.

Of course, there is a possibility for a slight margin of error but I doubt it after you read further.

Because of our growing enormous debt, everyone is dumping the greenback. China and Greece, others will follow, further depressing the value of the dollar. Therefore, commodities are the only answer (for the time being).

Simultaneously, the only country that dumped gold was Austria (but they were trying to buoy the Euro, which is also failing miserably (for it’s own reasons) - I know why but don’t have enough space in this email to elaborate.

As you may recall, in 1972, Nixon took the greenback off the gold peg (this is relevant, and I will explain after the following paragraph).

First one idiot President (Bush W.) gets us involved in two unnecessary wars (Iraq and Afghanistan) at an expense of a $400 Billion +/- deficit per year. Then, the second idiot President (Barach O.) worsens a fiscal mess by his insane overspending (I’m almost fully certain that he will only be a one-termer) because he promised “hope and change,” but he should have told the truth “my hope is for America’s change.” Then, he got even greedier by paying off his hedge fund supporters in Connecticut and Wall Street bankers (who BTW just got bonuses of $45B within the past 4 months or so). Get mad! Get very mad!

Who must be the next President to rectify this situation? It must be Rand Paul, just newly elected Senator of Kentucky (yesterday). His father is Ron Paul, Representative of Texas (18th district), who is urging that the dollar be pegged back to gold, so the son will follow. This is the only way to save the dollar in my estimation.

If my calculations are right (and there are variables that I don’t know about yet), gold will rise inordinately within the next several years.

As an addendum to all this: the two major financial centers outside of the U.S. (London and Dubai) are also failing miserably. All construction in Dubai has stopped despite that emirate’s grand hopes for their grand mobile skyscrapers – an inevitable result of the global recession. For a glut, is just a stoppage and that’s it (das ist es, meine heute freunde). Plus, Hong Kong and Japan (financially) don’t matter b/c they have no real say so on what goes on in world matters. And, India and China are in environmental shambles.

Again, it is your choice whether you will learn to think for yourself or blindly follow any ideology.

With love,

HippoParamus

P.S. – I’ve got to do these stupid business and finance things to fuel my true intellectual endeavors because one day, I will read Heidegger in German in the Black Forest (in Germany) and get a Phd in Religion and Philosophy.

P.S.S. – It’s fun playing “I Claudius” all the time. One can learn a lot by just listening, observing, and reading.